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十年百万辆,不要因为便宜就误会了它
远川研究所· 2025-10-09 13:10
以下文章来源于远川汽车评论 ,作者母智婕 从瓦伦西亚的街头构想到如今的百万整车下线,零跑用十年时间完成了一场制造业的硬核跋涉,成为中国第二家跨入"百万俱乐部"的新势力。而从第50万台到第 100万台,零跑仅用343天,再创行业记录。 零跑百万台下线 远川汽车评论 . 不止是汽车 多年以后的今天,当朱江明站在零跑第100万辆整车下线仪式现场时,他或许会想起2015年在西班牙瓦伦西亚街头的那个夏天。 十年前,身为大华股份CTO的朱江明在西班牙度假,一辆雷诺Twizy电动车吸引了这位理工男的目光,从那之后,造车的种子便在心中埋下,当年年底,零跑汽车 正式注册成立,那年,他已经48岁。 回望来路,质疑和挑战从未缺席。资质门槛、融资寒冬、技术壁垒、交付压力以及愈演愈烈的行业内卷如影随形。 两年前,恐怕朱江明自己也不会想到,在高手如林和血海搏杀的中国,零跑会成为新势力销量的带头大哥,月销量在半年内从3万辆跃升至6.6万辆,断层领先其他 新势力。 这不仅是零跑单月交付量的首次跨越式突破,更一举刷新了造车新势力诞生以来的单月交付历史纪录。 若将视野从新能源阵营拉至整个汽车市场,这份成绩更具分量:2025年9月,零跑6.6万台 ...
一罐2022年的可乐
Xin Lang Cai Jing· 2025-09-29 17:46
Core Viewpoint - Leapmotor has successfully navigated challenges in the electric vehicle market, achieving significant milestones including a successful IPO in Hong Kong and a strategic partnership with Stellantis, which marks a pivotal moment in its international expansion [4][14]. Group 1: Company History and Development - Leapmotor was founded in 2015, initially experiencing smooth team formation and product development, with early investment from Sequoia China in December 2017 [7]. - The company faced significant challenges in 2019 when the S01 model launched to lukewarm reception, leading to financial pressures and a critical need for funding [8]. - Despite a difficult financing environment from 2019 to 2020, Leapmotor's leadership, including CEO Zhu Jiangming, personally invested 1.5 billion yuan to ensure employee salaries for three years [8]. Group 2: IPO and Market Performance - Leapmotor successfully listed on the Hong Kong Stock Exchange on September 29, 2022, becoming the only new energy vehicle company to do so that year [13]. - The T03 model has gained popularity, achieving 200,000 users and providing essential cash flow, while the C11 model reflects the company's commitment to high-quality, competitively priced vehicles [11][13]. Group 3: Strategic Partnerships and International Expansion - On October 26, 2023, Leapmotor announced a strategic investment of 1.5 billion euros from Stellantis, acquiring approximately 20% of the company and forming a joint venture named Leapmotor International [14]. - The international expansion strategy has led to the launch of the C10 and T03 models in Europe by September 2024, with nearly 50,000 units exported within a year [15]. Group 4: Domestic Market Growth - Leapmotor celebrated the production of its one millionth vehicle in September 2023, achieving this milestone in just 343 days [17]. - The company has made its debut on the 2025 Fortune China 500 and the China Private Enterprises 500 lists, showcasing its growing influence in the market [17].
零跑豪言「明年智驾第一梯队」,车主们懵了……
Xin Lang Ke Ji· 2025-09-11 01:42
Core Viewpoint - The ambitious claims made by Leap Motor regarding its autonomous driving capabilities have been met with skepticism and criticism from car owners, highlighting a significant gap between expectations and actual performance [1][2][3]. Group 1: Autonomous Driving Performance - Leap Motor's autonomous driving features have been criticized as unreliable, with users reporting multiple failures shortly after purchase [4][6][7]. - A sales representative acknowledged the shortcomings of the city commuting navigation function, indicating that it is still in the early stages of development compared to more established competitors [2][9]. - Despite claims of reaching the first tier of autonomous driving capabilities by mid-next year, user experiences suggest that Leap Motor's technology remains significantly behind [9][10]. Group 2: Sales and Financial Performance - Leap Motor reported a substantial increase in vehicle deliveries, with 57,066 units delivered in August, marking a year-on-year growth of over 88% [10]. - The company achieved revenue of 24.25 billion yuan in the first half of the year, a 174.1% increase, and delivered 221,664 vehicles, reflecting a 155.7% growth [17]. - However, the average selling price of its vehicles remains low at 109,000 yuan, significantly lower than competitors like Xiaopeng and NIO, which have average prices of 172,800 yuan and 271,800 yuan, respectively [11][12]. Group 3: Future Goals and Market Position - Leap Motor's chairman set an ambitious target of achieving annual sales of one million vehicles, a goal that seems increasingly unrealistic given past projections [3][20]. - The company plans to introduce a new series of vehicles priced up to 300,000 yuan, aiming to enhance its brand perception and market position [12][13]. - Leap Motor's COO emphasized the need for a sustainable growth strategy, indicating that the company is striving to establish itself in the first tier of the automotive market [15].
零跑豪言“明年智驾第一梯队”,车主们懵了……|次世代车研所
Xin Lang Cai Jing· 2025-09-11 00:43
Core Viewpoint - The article discusses the challenges faced by Leap Motor, particularly regarding its autonomous driving features and ambitious sales targets, amidst customer dissatisfaction and skepticism about its brand positioning in the market [2][10]. Group 1: Customer Feedback and Product Performance - Customers have expressed significant dissatisfaction with Leap Motor's autonomous driving capabilities, citing instances of system failures shortly after purchase [4][6]. - A specific case highlighted a customer experiencing two failures of the autonomous driving system within 12 days of ownership, raising safety concerns [4]. - The sales team acknowledged the shortcomings of the autonomous driving features, indicating that they are still in the early stages of development and will require further upgrades [6]. Group 2: Sales Performance and Market Position - Leap Motor reported a substantial increase in vehicle deliveries, with 57,066 units delivered in August, marking an 88% year-on-year growth [7]. - Despite this growth, the average selling price of Leap Motor vehicles remains low at 109,000 yuan, significantly lower than competitors like Xiaopeng and NIO [8][11]. - The company aims to introduce a new model priced at 300,000 yuan, but faces skepticism regarding its ability to support this price point given its current brand perception and product performance [9]. Group 3: Future Goals and Financial Performance - Leap Motor's chairman set an ambitious target of achieving annual sales of one million vehicles, a goal that appears increasingly unrealistic based on current performance metrics [10][15]. - The company reported a revenue of 24.25 billion yuan in the first half of the year, with a net profit of only 33 million yuan, indicating that while it has achieved profitability, the scale of profit is minimal [11][12]. - Leap Motor plans to expand its product lineup significantly over the next three years, aiming to cover the 60,000 to 300,000 yuan market segment with multiple series of vehicles [8][14].
资讯:8月德国纯电市场迎来黑马,零跑汽车登顶中国品牌第一
Xin Lang Cai Jing· 2025-09-04 07:42
Core Insights - The European market is becoming a new battleground for Chinese electric vehicle brands, with Leap Motor achieving significant success in Germany, surpassing BYD to become the top-selling Chinese electric brand in the country [3][5]. Group 1: Market Performance - Leap Motor's sales in August defied traditional seasonal trends, demonstrating growth during a typically slow period for the European automotive market [5]. - The Leap T03 model has gained popularity among German consumers due to its compact design, spacious interior, durable range, and high cost-performance ratio [5]. Group 2: Export and Global Strategy - As of August, Leap Motor has exported over 30,000 units to more than 30 countries and regions, maintaining a leading position among new energy vehicle brands [7]. - The success in the German market highlights Leap Motor's effective global strategy and product quality, with expectations for further growth following the global launch of the Leap B10 at the Munich Auto Show [7]. Group 3: Future Outlook - The success in Germany is seen as just the beginning, with the potential for Chinese brands to capture a larger share of the international market as global electric vehicle adoption increases [7]. - Leap Motor's achievement in sales reinforces confidence in the overseas expansion of Chinese electric vehicle brands and showcases the growing competitiveness of Chinese manufacturing in the global market [7].
养电车比造电车难,特斯拉换电池22万,但车只值16万……
3 6 Ke· 2025-09-02 05:36
Core Insights - The high cost of battery replacement for electric vehicles (EVs) is creating significant challenges for early adopters, with replacement costs often exceeding the vehicle's residual value [1][2][3] - The number of out-of-warranty EVs is projected to rise sharply, reaching 720,000 by 2032, indicating a growing issue for EV owners [1] - The complexity and high costs associated with battery production and maintenance are driven by raw material prices, manufacturing processes, and limited repair options [4][5][6] Group 1: Battery Replacement Costs - Owners of early Tesla models face replacement costs ranging from 12 to 22 million yuan, while the resale value of these vehicles is significantly lower, creating a financial dilemma [2][3] - The average cost of battery packs for various EV models can be as high as 98.72% of the vehicle's price, highlighting the disproportionate cost of battery replacement [3] - The cost of battery replacement is not decreasing despite falling lithium prices, indicating underlying complexities in the supply chain and production costs [5] Group 2: Repair and Maintenance Challenges - The design of many EV batteries, such as Tesla's 4680, limits repairability, forcing owners to replace entire battery packs rather than repair them [6] - The lack of widespread third-party repair options for EV batteries further exacerbates maintenance costs, contrasting sharply with the extensive network available for traditional fuel vehicles [6] - Warranty policies often leave owners with significant out-of-pocket expenses once the warranty period expires, contributing to the overall high maintenance costs of EVs [6] Group 3: Industry Response and Developments - The domestic battery recycling system is gradually improving, with over 10,500 service points established and a comprehensive management platform for battery lifecycle tracking [7] - Companies are exploring new service models and training technicians to enhance battery maintenance capabilities, while battery manufacturers are investing in the development of longer-lasting batteries [9] - The increasing penetration of EVs in the market, now exceeding 50%, underscores the urgency for solutions to the high costs associated with battery maintenance [8]
独家|零跑汽车欧洲本土化生产落地西班牙,计划明年三季度投产
Guo Ji Jin Rong Bao· 2025-08-28 05:58
Core Insights - The article discusses the strategic move of Leap Motor to establish a localized manufacturing base in Zaragoza, Spain, to enhance its competitiveness in the European market [4][11]. Group 1: Localization Strategy - Leap Motor's European manufacturing base will be located at the Stellantis factory in Zaragoza, which is a significant step towards local production [4][11]. - The factory is set to begin production of the B series models, starting with the B10 compact electric SUV in Q3 of next year, followed by the B05 model [5][15]. - Leap Motor aims to leverage Stellantis's existing facilities to reduce costs and avoid trade barriers, with a focus on local assembly and procurement [13][14]. Group 2: Market Expansion and Sales Goals - Leap Motor has entered over 30 countries and regions, with Europe being a core market, where the T03 and C10 models account for 90% of overseas sales [5][6]. - The company reported overseas sales of 20,375 units in the first half of the year and has set an annual sales target of 580,000 to 650,000 units, maintaining an overseas sales guidance of 50,000 to 60,000 units [6][7]. - Leap Motor anticipates a doubling of overseas sales next year following the establishment of localized production [7][9]. Group 3: Strategic Partnerships - In October 2023, Stellantis announced a €1.5 billion investment to acquire a 20% stake in Leap Motor, facilitating a joint venture named "Leap International" for global market operations [11][12]. - The partnership aims to integrate Leap Motor's technology with Stellantis's resources, targeting 500 overseas outlets and annual sales exceeding 150,000 units by 2026 [11][12]. - The Zaragoza factory has a production capacity of 300,000 vehicles per year and is part of a broader strategy to enhance electric vehicle production in Europe [14].
Manus收入营收率达 9000万美元;美团旗下外卖品牌Keeta在卡塔尔上线;长城汽车巴西工厂竣工投产|一周大公司出海动态
Tai Mei Ti A P P· 2025-08-24 06:01
Group 1 - Manus AI's Revenue Run Rate (RRR) has reached $90 million, with expectations to exceed $100 million soon [1] - Manus is collaborating with Stripe to enable payments within their Agent platform, aiming to create a seamless "research-decision-order/settlement" process [1] Group 2 - Haier Biomedical signed a strategic cooperation agreement with RAM Medical Group in Thailand, focusing on pharmacy automation and smart healthcare [2] - This partnership marks a significant step in Haier's "one country, one policy" overseas strategy in Southeast Asia, targeting a market of 670 million people [2] Group 3 - Lenovo Group is establishing a regional headquarters in Riyadh, Saudi Arabia, as part of its strategic cooperation with the Public Investment Fund [2] - This move supports Saudi Arabia's Vision 2030 and aims to enhance Lenovo's local leadership and operational capabilities [2] Group 4 - Rokid Glasses, an AI+AR product, has received 300,000 global orders and launched its overseas version in Hong Kong [3] - This launch is a key milestone in Rokid's global expansion strategy [3] Group 5 - Meituan's international delivery brand Keeta has officially launched in Doha, Qatar, with plans to expand into Brazil in the coming months [4] Group 6 - Leap Motor has exported 24,980 vehicles in the first seven months of 2025, leading the new energy vehicle export rankings in China [5] - The company is accelerating its global expansion, with a new ship designed for car transport set to deliver over 2,500 vehicles to Europe [5] Group 7 - Zhaowei Electromechanical plans to invest $10 million in a new production base in Thailand, enhancing its international market presence [7] Group 8 - XGIMI's first projector from its Vietnam factory has officially rolled off the production line, with an investment of $14 million and an annual capacity of 1 million units [8] - The factory is a crucial part of XGIMI's global supply chain and is expected to drive significant growth in overseas revenue [8] Group 9 - Great Wall Motors' factory in Brazil has been completed and is set to produce 50,000 vehicles annually, focusing on smart and electric models [9] - This factory represents a comprehensive strategic layout for Great Wall Motors in the Brazilian market [9] Group 10 - China Zhongwei New Materials has established a joint venture with Germany's Revomet, acquiring a 25% stake in Revomet Bitterfeld GmbH [10] - This partnership is part of Zhongwei's broader global expansion strategy [10] Group 11 - Ganfeng Lithium is collaborating with Lithium Argentina AG to develop three lithium salt lake projects in Argentina, with a planned annual capacity of 150,000 tons of lithium products [11][12] - Ganfeng International will provide up to $130 million in financial support for this project [12] Group 12 - Temasek led a strategic financing round for TOP TOY, a潮玩 brand under Miniso, achieving a post-investment valuation of approximately HKD 10 billion [13] - TOP TOY generated revenue of 400 million yuan in Q2, with a total of 293 stores [13]
利润半年蒸发1000多亿!不卖燃油车,欧洲要完蛋?
电动车公社· 2025-08-20 16:04
Core Viewpoint - The European automotive industry is facing a severe crisis due to the EU's strict environmental policies, particularly the 2035 ban on internal combustion engine vehicles, which could lead to significant financial losses for major car manufacturers [2][56]. Group 1: Financial Performance of European Automakers - Major European automakers reported significant profit declines in the first half of 2023, with Mercedes-Benz's net profit down 56%, BMW's down 29%, and Volkswagen's operating profit down 32.8% [4]. - Stellantis faced a staggering net loss of €2.256 billion in the first half of 2023, a stark contrast to its previous profitability [4][5]. - The overall financial struggles are attributed to the lower profitability of electric vehicles compared to traditional fuel vehicles [5]. Group 2: Market Dynamics and Competition - European automakers have been adversely affected by the rising market share of Chinese brands, which have captured over 64% of the Chinese market, leading to a decline in European brands' market presence [9][11]. - The average selling price of fuel vehicles in Europe has decreased, further squeezing profit margins for luxury brands [12]. - The shift to electric vehicles has not compensated for the losses from fuel vehicles, as European manufacturers struggle with the lack of smart technology and competitive pricing [15][19]. Group 3: Challenges from Policy and External Factors - The EU's 2035 ban on fuel vehicles is seen as a potential death knell for the industry, with calls for a reconsideration of this policy to allow for continued sales of fuel vehicles to maintain profitability [56][60]. - The introduction of tariffs by the U.S. has compounded the financial pressures on European automakers, with companies like Porsche and Jaguar Land Rover reporting significant losses due to these tariffs [44][51]. - The EU's environmental regulations, while aimed at reducing carbon emissions, have created a challenging environment for automakers who are already facing financial difficulties [64].
新势力第二家,零跑首次实现半年度净利润转正
Guan Cha Zhe Wang· 2025-08-19 09:36
Core Insights - Leap Motor achieved its first half-year net profit in 2025, becoming the second Chinese new car manufacturer to do so [1] - The company's revenue for the first half of 2025 was RMB 24.25 billion, a year-on-year increase of 174% [1] - Leap Motor's gross margin reached 14.1%, up 13 percentage points from the same period in 2024, marking a record high since its establishment [1] Financial Performance - The net profit attributable to the parent company was RMB 30 million, compared to a net loss of RMB 2.21 billion in the same period last year [1] - Adjusted net profit (non-IFRS) for the first half of 2025 was RMB 330 million, compared to a net loss of RMB 2.02 billion in the previous year [1] Delivery and Sales - Total vehicle deliveries for the first half of 2025 reached 221,700 units, a year-on-year increase of 155.7%, making Leap Motor the top-selling brand among new car manufacturers in China [2] - In July 2025, the company achieved a record delivery of 50,100 units, maintaining its position as the top-selling new car brand for five consecutive months [2] Research and Development - R&D expenses for the first half of 2025 amounted to RMB 1.89 billion, a year-on-year increase of 54.9% [4] - Administrative expenses were RMB 790 million, up 79.5%, while sales expenses reached RMB 1.41 billion, increasing by 56.7% [4] Market Expansion - As of June 30, 2025, Leap Motor's sales service network covered 286 cities, with 806 sales stores and 461 service centers [4] - The company plans to enhance its channel coverage in first- and second-tier cities and expand into 60 new cities by the end of 2025, aiming for a 90% city coverage rate [5] Global Presence - Leap Motor exported over 20,000 vehicles in the first half of 2025, ranking first among new car manufacturers in China [5] - The company established over 600 sales and after-sales service points in approximately 30 international markets, including more than 550 in Europe [5] - The first batch of B10 vehicles was shipped to Europe in July 2025, with plans for a local production base in Europe by the end of 2026 [5] Financial Position - As of June 30, 2025, Leap Motor had cash and cash equivalents totaling RMB 29.58 billion [6]